Mohnish Pabrai
Mohnish Pabrai
Mohnish Pabrai is an Indian-American businessman, investor, and philanthropist...
NationalityIndian
ProfessionBusinessman
Date of Birth12 June 1964
CountryIndia
waiting making-money sells
You don’t make money when you buy stocks. And you don’t make money when you sell stocks. You make money by waiting.
mistake investing traps
There is no such thing as a value trap. There are investing mistakes.
ideas proud fractions
We Americans love original ideas. But truly, there are already plenty of good ones out there, ours for the taking. If I were too proud to copy the ideas of others, I likely wouldnt have even a fraction of my current success.
entrepreneur risk classic
Entrepreneurs are great at dealing with uncertainty and also very good at minimizing risk. That's the classic great entrepreneur.
businesses change high ideally industries investing low point problem rapid rate tech work
Industries with rapid change are the enemy of the investor. Tech businesses, particularly biotech, is a problem from that point of view. All industries work with change, but you should ideally be investing in businesses with a low rate of change, not a high rate of change.